Sensata Technologies (NYSE:ST) Hits New 52-Week Low – What’s Next?

Shares of Sensata Technologies Holding plc (NYSE:ST) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $24.42 and last traded at $24.68, with a volume of 958356 shares. The stock had previously closed at $26.12.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. The Goldman Sachs Group dropped their target price on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. UBS Group dropped their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Oppenheimer cut their price objective on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a report on Thursday, February 13th. Finally, Evercore ISI cut their price target on shares of Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 17th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $39.08.

Sensata Technologies Stock Down 5.1 %

The stock’s fifty day simple moving average is $27.87 and its two-hundred day simple moving average is $30.78. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 29.51, a PEG ratio of 1.25 and a beta of 1.20.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. On average, sell-side analysts predict that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.94%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

Institutional Trading of Sensata Technologies

A number of large investors have recently added to or reduced their stakes in ST. Blue Trust Inc. boosted its position in Sensata Technologies by 738.7% during the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 820 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of Sensata Technologies in the fourth quarter valued at about $27,000. Venturi Wealth Management LLC lifted its position in shares of Sensata Technologies by 67.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock worth $56,000 after purchasing an additional 817 shares during the last quarter. Quarry LP lifted its holdings in shares of Sensata Technologies by 61.2% during the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock worth $61,000 after buying an additional 651 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in shares of Sensata Technologies by 48.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock valued at $69,000 after acquiring an additional 820 shares during the period. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Company Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.